Waltonchain joins Ripple in educational push

Waltonchain, the China-based cryptocurrency and blockchain business ecosystem, launches the world’s first blockchain research institute on Friday in South Korea.

Waltonchain launches research facility in South Korea: Waltonchain

The first institute of its kind to be recognised by the Korean government, the not-for-profit organisation has been officially certified by the Ministry of Science.

“The Walton Blockchain Institute will cultivate a new generation of blockchain developers by fostering a blockchain-related educational environment specialising in systems development and application,” the company said in a press release on its website.

The Institute is expected to launch two six-month education and training courses at the end of August.

Ripple initiative

The news of Waltonchain’s launch follows Ripple’s announcement on Monday that it would collaborate with top universities around the world to “support and accelerate academic research, technical development and innovation in blockchain, cryptocurrency and digital payments”.

Ripple commits $50m in funding for university research initiative: Pic by Shutterstock

Ripple has committed more than $50m in funding for its University Blockchain Research Initiative and had 17 top educational institutes around the world partnering it.

These institutes will determine their own research topics and areas of focus, while also partnering with Ripple to:

Collaborate on research and technical development that will stimulate widespread understanding and innovation in blockchain

Create new curriculums to meet growing student demand for learning about blockchain, cryptocurrency and other fintech topics

Stimulate ideas and dialogue among students, faculty, technologists and business leaders on topics of shared interest